Credit Life Insurance

Credit Life Insurance is designed to protect a borrower's dependents by paying the borrower's credit balance in the event of the borrower's death. Once a Credit Life Insurance policy is established, the value of the policy decreases proportionately with the outstanding loan balance, until such time that the loan amount and the policy reach zero value. Credit Life Insurance provides security for the borrower in assuring that dependents of the borrower will assume no financial responsibility for the borrower's credit balance.

Questions about Credit Life Insurance? Contact our Lending Department at lending@pghcentral.com or by phone at 1-800-462-1711, option 3.